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1. Manual Journals - Journal in foreign currency and see FX rate on journal

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   104 comments  ·  Reports & tax » Manual journals  ·  delete…  ·  Admin →
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   Accepted  ·  AdminKelly Munro (Community Manager, Xero) responded

   Hi everyone, thanks for all your feedback and highlighting the need for multi-currency manual journals, and being able to see the FX rate directly in the journal.

   We understand the needs in this space have close ties with this idea for being able to journal to bank accounts, and this is something we have intentions of doing deeper discovery around in the longer term. However, we want to be upfront that this work isn't roadmapped right now.

   Though we appreciate not the straight forward approach that you’re after here - currently you can create the journal via a bill in the relevant foreign currency. Entering positive and negative lines for the debit and credit entries, which results in a 0.00 bill total once approved. The bill lines are converted to your organisation’s base currency using the bill’s FX rate, and the transaction won’t revalue.

   As soon as there's movement surrounding this idea we'll share an update with all of you here.

   Hi everyone, thanks for all your feedback and highlighting the need for multi-currency manual journals, and being able to see the FX rate directly in the journal.

   We understand the needs in this space have close ties with this idea for being able to journal to bank accounts, and this is something we have intentions of doing deeper discovery around in the longer term. However, we want to be upfront that this work isn't roadmapped right now.

   Though we appreciate not the straight forward approach that you’re after here - currently you can create the journal via a bill in the relevant foreign currency. Entering positive and negative lines for the debit and credit entries, which results in a 0.00 bill total once approved. The bill lines are converted to your organisation’s base currency using the bill’s FX rate, and the transaction won’t revalue.

   As soon as there's movement… more

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   Jeroen Vaassen commented  ·  31 January, 2026  ·  Edit…  ·  delete…

   I totally understand. We run a multi-currency operation and would also need to add (repeating) manual journals in a currency other than our base currency.

   Not having this functionality will significantly affect how we work, adding a lot of manual effort for our Finance team. Apart from efficiency concerns, this also increases the risk of errors due to manual interventions.

   It would therefore be a critical feature for us to have and frankly something we would expect from a system that offers multi-currency operations.

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   Jeroen Vaassen supported this idea  ·  31 January, 2026